CenturyLink, Inc. a U.S. based communications MNC has acquired a Big Data and advanced analytics solutions provider, Cognilytics, it announced late last week.
Cognilytics provides solutions to mid-sized and large enterprises by assisting them in converting “data to decisions” through Big Data deployment, management, advanced decision sciences, predictive analytics and data visualization.
Glen F. Post, III, CEO and president of CenturyLinks said, “CenturyLink’s network, IT services, cloud, managed and Big Data services, combined with Cognilytics’ decision sciences and advanced predictive analytics, SAP HANA expertise and Big Data solutions, will enable businesses to accelerate their Big Data adoption and monetize their data assets.” He believes that CenturyLink’s IT Services and Big Data aspects will see growth with the latest addition.
Cognilytics founder, chairman and the chief executive, Gary Gauba will become president of CenturyLink Cognilytics and report to Girish Varma, president, global IT services and new market development at CenturyLink, according to the news release.
“We founded Cognilytics with a mission to help customers monetize their data as a strategic asset. Our new home at CenturyLink will allow us to carry this vision forward. Together, we will focus on solving business problems and building new comprehensive solutions to provide customers with a competitive advantage,” Gauba explained.
Cognilytics has expertise in advanced analytics solutions and having provided assistance in industries as varied as financial services, retail, consumer products, health care, oil and gas, manufacturing, high-tech and logistics, Cognilytics is known to implement Big Data technologies such as Hadoop and SAP HANA. Cognilytics also has received industry recognition as one of the top 100 most promising Big Data companies and won SAP partner excellence awards the last two years.
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